Dalian Wanda Group/AMC Deal Closes on September 04, 2012
BEIJING, China and KANSAS CITY, Mo. -- Dalian Wanda Group Co., Ltd. ("Wanda"), a leading Chinese private conglomerate and China's largest investor in cultural and entertainment activities, and AMC Entertainment Holdings, Inc. ("AMC"), a preeminent U.S. movie exhibitor, today announced the successful completion of Wanda's acquisition of AMC, creating the world's largest cinema owner. The transaction is valued at approximately US$2.6 billion.
Wanda Chairman and President Wang Jianlin said, "We are very pleased to have completed the acquisition of AMC and begin this new chapter in Wanda's international development. Throughout this entire process we have been impressed with the expertise and dedication of AMC's management team and associates. We now look forward to working with AMC's CEO Gerry Lopez and his team to invest in and build on the company's widely-recognized brand and the incomparable entertainment experience AMC offers to its millions of customers."
Gerry Lopez, chief executive officer and president of AMC, said, "All of us at AMC are thrilled about our future with Wanda. It allows us to continue expanding and innovating in what is the world's largest movie market. More so, we are enthusiastic about combining AMC's leadership in the US with Wanda's leadership in China, the world's fastest-growing market. We strongly believe in our shared common interests in advancing the movie industry and we feel this partnership creates one of the world's premier location-based entertainment companies."
Wanda will operate AMC as a wholly owned subsidiary under its existing brand while investing up to an additional US$500 million in the unit over time to fund strategic and operating initiatives. AMC will continue to control film programming and remain headquartered in the Kansas City metropolitan area, with more than 17,000 associates operating theaters in 32 states across the United States.
The transaction creates the world's largest global cinema owner by combining Wanda's 94 theatres, 805 screens and large-scale stage show, film production and distribution, entertainment chains with AMC's 338 multiplex theatres and 4,865 screens, including 2,171 3-D screens and 124 IMAX screens, making it the world's largest operator of IMAX screens. Approximately 200 million people watched movies in AMC theatres in 2011.
WARNER BROS.’ 'THE DARK KNIGHT RISES' CROSSES $100 MILLION MILESTONE IN IMAX® THEATRES on September 04, 2012
Los Angeles, CA -- IMAX Corporation (NYSE:IMAX; TSX:IMX) and Warner Bros. Pictures today announced that The Dark Knight Rises has passed the $100 million global box office mark in 557 IMAX® theatres worldwide after its 7th week of release. As of Sept. 3, 2012, the film reached a total of $65.1 million from 332 IMAX screens domestically and $37.3 million from 225 IMAX screens internationally. These figures include box office receipts from China, which began playing the film on Aug. 27 in 75 IMAX theatres. The Dark Knight Rises represents the second IMAX DMR® film to cross this milestone, after Avatar.
The Dark Knight Rises: The IMAX Experience is still playing in IMAX theatres worldwide. For theatre locations and showtimes visit www.imax.com/theatres.
While making the 2008 blockbuster The Dark Knight, Christopher Nolan was the first filmmaker to use IMAX cameras in a major motion picture release. Nolan employed the extremely high-resolution cameras even more extensively on The Dark Knight Rises: The IMAX Experience -including the film's prologue - incorporating a record of more than an hour of footage filmed with IMAX cameras. These specific sequences, which expand to fill the entire screen exclusively in IMAX, deliver unprecedented crispness and clarity and a truly immersive experience for moviegoers.
Sequences filmed in 35mm have been digitally re-mastered into the image and sound quality of The IMAX Experience® with proprietary IMAX DMR® (Digital Re-mastering) technology. The crystal-clear images coupled with IMAX's customized theatre geometry and powerful digital audio create a unique environment that will make audiences feel as if they are in the movie.
UPDATED: 'The Dark Knight Rises' Tops $600 Million Internationally, $1.04 Billion Worldwide on September 03, 2012
Sunday (9/9) Update: Warner Bros. reports that The Dark Knight Rises has reached $603.4 million internationally. Combined with its domestic total of $437.9 million, the worldwide tally has reached $1.04 billion and pushed it to #10 all-time worldwide. The weekend estimate is $13 million from 64 markets.
In Italy, Rises made $2.26 million from 820 screens. The cume is $14.46 million.
The international number is a rough estimate due to the fact that China's grosses will not be reported until Tuesday. Warner Bros. projects a $5.7 million weekend in China, putting the estimated cume there at $42.1 million.
Monday (9/3) Update: Warner Bros. is now estimating that The Dark Knight Rises has reached $577.7 million internationally. Add that to the estimated domestic total of $433.2 million, and the worldwide haul is sitting pretty at $1,010,900,000. 2008's The Dark Knight took in $1,001,921,825 worldwide.
In China, rough numbers indicate that The Dark Knight Rises has managed an outstanding seven-day opening gross of $31 million with 5.4 million admissions from 4,081 screens. Official numbers from China are due tomorrow. In Italy, TDKR made $9.1 million over five days.
Sunday (9/2) Update: Warner Bros. estimates that The Dark Knight Rises took in another $46.4 million internationally from 10,156 screens in 64 markets this weekend, which pushes the international cume to $574 million. Add that to the estimated domestic cume of $431.2 million and the worldwide total should be around $1,005,200,000 by the end of the weekend.
The international number is a rough estimate because accurate figures from China won't come in until Tuesday morning. Warner Bros. estimates that The Dark Knight Rises took in $28.5 million from nearly 4,100 screens in China. In Italy, the action flick grabbed $8.8 million from 836 screens.
Sunday (8/26) Update: Warner Bros. reports that The Dark Knight Rises has crossed the $500 million mark internationally after grossing another $15.3 million from 62 markets and 6,900 screens. The international cume is $519 million and the worldwide total is now $941 million.
Key markets ranked by weekend box office:
UK (6th w/e): £1.3m (US$2.1m) / -12% / £52.5m (US$82.1m) (biggest movie of 2012 and the biggest superhero release of all time)
France (5th w/e): €1.5m (US$1.8m) / -22% / €26.3m (US$32.2m)
Brazil (5th w/e): R$2.6m (US$1.3m) / -32% / R$51.9m (US$25.5m)
Germany (5th w/e): €850k (US$1.0m) / -22% /€25.1m (US$30.7m)
Australia (6th w/e): A$920k (US$961k) / -43% / A$40.6m (US$41.9m)
Sunday (8/19) Update: Warner Bros. is reporting that The Dark Knight Rises bagged another $20.6 million (-42%) from 61 markets overseas this weekend. That brings the total international cume to $487.8 million, surpassing the $469.7 million international take of The Dark Knight.
UK (5th w/e): £1.4m (US$2.2m) / -36% / £49.7m (US$77.7m)
France (4th w/e): €1.6m (US$2m) / -28% / €22.7m (US$27.7m)
Brazil (4th w/e): R$4m (US$2m) / -37% / R$48.1m (US$23.6m)
Australia (5th w/e): A$1.6m (US$1.7m) / -42% / A$39.2m (US$40.5m)
Germany (4th w/e): €1.1m (US$1.4m) / -53% /€23.7m (US$29m)
Mexico (4th w/e): Ps 18.8m (US$1.4m) / -45% / Ps 384.8m (US$28.7m)
Japan (4th w/e): ¥77.4m (US$1m) / -46% / ¥1.7b (US$21.5m)
Upcoming Releases: Greece (Aug 21), China (Aug 27) and Italy (Aug 29)
Monday (8/13) Update: Warner Bros. reports that The Dark Knight Rises pulled $35.1 million internationally (representing 4.8 million admissions) this weekend from over 12,000 screens in 58 markets. The overseas total is now $446.6 million.
Christopher Nolan's Batman finale opens in Greece on August 21, China on August 27 and Italy on August 29.
Key Market Cumes:
UK (4th w/e): $72.3m
Korea (4th w/e) $39.3m
Australia (4th w/e) $38.0m
Germany (3rd w/e) $26.4m
Mexico (3rd w/e) $25.9m
France (3rd w/e) $24.7m
Brazil (3rd w/e) $20.1m
Japan (3rd w/e) $17.2m
Russia (3rd w/e) $16.2m
Spain (4th w/e) $12.4m
Sunday Update (#2): Warner Bros. estimates that The Dark Knight Rises will gross $34.2 million internationally this weekend, bringing its overseas total to $445.3 million. Rises is now pacing 28% ahead of The Dark Knight using 2008 exchange rates at the same point in time and 46% ahead at current exchange rates.
UK (4th w/e): £2.1m (US$3.3m) / £46.2m (US$72.2m)
France (3rd w/e): €2.3m (US$3m) / €20.3m (US$24.8m)
Brazil (3rd w/e): R$6m (US$3m) / R$40.0m (US$19.6m)
Germany (3rd w/e): €2.25m (US$2.8m) / €21.6m (US$26.3m)
Mexico (3rd w/e): Ps 35m (US$2.6m) / Ps 349m (US$26m)
Australia (4th w/e): A$2.5m (US$2.7m) / A$36.6m (US$37.7m)
Japan (3rd w/e): ¥139m (US$1.8m) / ¥1.3b (US$17.2m)
Sunday Update (8/12/12): Warner Bros. reports that The Dark Knight Rises will gross $19.5 million domestically this weekend, bringing its total to $390.15 million. Christopher Nolan's Batman finale surpassed three other franchise finales over the weekend (The Return of the King, Revenge of the Sith and Deathly Hallows Part 2) to become the fifteenth highest grossing film of all-time.
Friday Update: Warner Bros. reports that The Dark Knight Rises grossed $3.6 million on Thursday, pushing its domestic total to $370.6 million.
Wednesday Update: Warner Bros. reports that The Dark Knight Rises took in $4.65 million domestically on Tuesday, pushing its total at home to $363.3 million.
Tuesday Update: Warner Bros. reports that The Dark Knight Rises took in $4.7 million domestically on Monday, pushing its total at home to $358.6 million.
Monday Update: Warner Bros. reports that The Dark Knight Rises made $35.7 million domestically and $66.7 million internationally over the weekend, pushing its worldwide total to $732 million.
Sunday Update #2: Warner Bros. estimates that The Dark Knight Rises will take in another $67 million internationally this weekend, pushing its overseas total to $378.4 million. TDKR is pacing 31% ahead of The Dark Knight using TDK exchange rates, or 49% ahead using current exchange rates.
UK (3rd w/e): £4.3m (US$6.75m) / £40.9m (US$63.9m)
France (2nd w/e): €5.0m (US$6.1m) / €16.8m (US$20.5m)
Mexico (2nd w/e): Ps 72.7m (US$5.5m) / Ps 281.0m (US$20.8m)
Germany (2nd w/e): €4.35m (US$5.3m) / €17.0m (US$20.8m)
Korea (3rd w/e): KRW 6.0b (US$5.3m) / KRW 41.0b (US$35.75m)
Brazil (2nd w/e): R$9.4m (US$4.6m) / R$31.0m (US$15.2m)
Australia (3rd w/e): A$4.15m (US$4.4m) / A$32.8m (US$33.7m)
Russia (2nd w/e): Rbl 100m (US$3.1m) / Rbl 456.2m (US$14.0m)
Japan (2nd w/e): ¥205.8m (US$2.6m) / ¥1.0b (US$12.9m)
Argentina (2nd w/e): Ps 8.5m (US$1.9m) / Ps 27.9m (US$6.1m)
Sunday Update: Warner Bros. estimates that The Dark Knight Rises will take in $36.440 million this weekend, which will put its domestic total at $354.6 million.
Saturday Update: The Dark Knight Rises grossed $10.40 million on Friday to remain in first place at the domestic box office. The film's 15-day domestic total stands at $328.598 million.
Friday Update: The Dark Knight Rises made $6.8 million domestically on Thursday, pushing its domestic total to $318.2 million.
Thursday Update: The Dark Knight Rises made $7.330 million domestically on Wednesday, pushing its domestic total to $311.376 million.
Wednesday Update: The Dark Knight Rises took in $8.775 million domestically on Tuesday, pushing its cume at home to $304.048 million.
Tuesday Update: The Dark Knight Rises made $8.2 million domestically on Monday. The domestic cume is now $295.3 million.
Monday Update #2: Warner Bros. reports that The Dark Knight Rises made $62.1 million domestically and $126.2 million internationally over the weekend, pushing its worldwide total to $539.1 million.
Key international data:
France: €9.4m (US$11.4m) with 1.5m admissions on 892 screens, including previews.
Germany: €9.3m (US$11.3m) with 1.05 admissions from 1,029 screens, including previews.
Mexico: Ps130.0m (US$9.6m) with 2.7m admissions on 2,736 screens
Russia: Rbl 270.0m (US$8.3m) with 1.3m admissions on 1,310 screens, including previews
Brazil: R13.9m (US$6.8m) with 1.2m admissions on 934 screens
Japan ¥455.2m (US$5.8m) with with 332k admissions from 546 screens, including previews
UK: £7.3m (US$11.3m) from 598 situations / -49% drop / £30.7m (US$47.9m)
Korea: KRW 8.0b (US$6.9m) on 818 screens / -56 % drop/ KRW 31.5b (US$27.4m)
Australia: A$7.4m (US$7.6m) with 576k admissions on 631 screens / -51% drop / Cume: A$26.6m (US$27.3m)
Spain: €1.7m (US$2.1m) on 608 screens /-51% drop / Cume: €7.0m (US$8.6m)
Monday Update: Warner Bros. has updated the domestic weekend estimate to $62.8 million. That means the worldwide haul is $536.1 million.
Sunday Update #2: Warner Bros. reports that The Dark Knight Rises added another $122.1 million internationally this weekend, pushing its overseas total to $248.2 million. The film's worldwide total is $537.2 million.
Sunday Update: Warner Bros. estimates that The Dark Knight Rises will take in $64.075 million during its sophomore frame, pushing its domestic total to $289.086 million. International numbers will be in a bit later today.
Saturday Update #2: Warner Bros. reports that The Dark Knight Rises has grossed $176.1 million internationally. The film's worldwide total is now $419.2 million.
Saturday Update: Warner Bros. reports that The Dark Knight Rises snagged $18.050 million domestically on Friday. The film's domestic cume is now $243.061 million.
Friday Update #2: Warner Bros. reports that The Dark Knight Rises has tallied $149.2 million internationally. The worldwide total is now $374.2 million.
Russia: Rbl 79.5m (US$2.4m) including previews from 1,310 screens
Germany: €1.4m (US$1.7m) from 1,029 screens. €3.0m (US$3.6m) including previews.
Argentina: Ps 3.1m (US$686k) from 241 screens
France: €1.5m (US$1.8m) / €4.2m (US$5.1m) for two days
Sweden: L/C 4.5m (US$655k) / L/C 12.6m (US$1.8m) for two days
UK: £1.8m (US$2.8m) / £23.4m (US$36.6m)
Korea: KRW 1.2b (US$1.1m) -61% / KRW 24.7b (US$21.5m)
Australia: A$985k (US$1.0m) -73% / A$20.2m (US$20.7m)
Spain: €415k (US$509k) / Cume: € 5.3m (US$6.5m)
Friday Update: Warner Bros. reports that The Dark Knight Rises added another $13.20 million to its domestic cume on Thursday, pushing its total at home to $224.8 million.
Thursday Update #2: Warner Bros. reports that The Dark Knight Rises has reached $125.3 million international. The gives Christopher Nolan's flick a worldwide haul of $337.1 million.
Thursday Update: Warner Bros. reports that The Dark Knight Rises took in $13.8 million domestically on Wednesday. The domestic cume is now $211.8 million.
Wednesday Update: Warner Bros. reports that The Dark Knight Rises grossed $17.75 million domestically on Tuesday. The five-day total for the film stands at $198.02 million.
Tuesday Update: Warner Bros. reports that The Dark Knight Rises took in $19.39 million domestically on Monday, pushing its cume to $180.28 million.
Monday Update: After suspending reporting over the weekend, Warner Bros. says that The Dark Knight Rises made $160,887,295 domestically during its debut frame.
Here are the official international #s:
$88 million with 13 million admissions from approximately 7,173 screens in 17 markets. IMAX grossed $4.8 million from 61 screens in 15 markets.
£14.4m (US$22.5m) from 594 situations
- IMAX grossed £1m ($1.57m) from 19 screens
KRW18.0b (US$15.65m) from 1,198 screens
- IMAX grossed $758k from 10 screens
Weekend estimate is A$15.1m (US$15.5m) from 631 screens
- IMAX grossed $659k from 5 screens
€3.5m (US$4.3m) from 624 screens
- IMAX grossed $55k from 2 screens
Next weekend, TDKR will launch in 40 more countrie
China Spotlight: 'The Amazing Spider-Man' Passes $30 Million on September 03, 2012
Monday (9/3) Update: Sony reports that The Amazing Spider-Man has grossed $33.3 million over seven days in China. The film's international is now $475.3 million. The worldwide total is $735 million.
Wednesday Update: Sony reports that The Amazing Spider-Man has grossed $10.666 million over just two days in China.
Tuesday Update: Sony reports that The Amazing Spider-Man took in Rmb 34.9 million ($5.5 million) on Monday in order to top The Dark Knight Rises' haul of Rmb* 28.3 million ($4.45 million). The China Film Group required the film's to open on the same day despite protests by Warner Brothers.
The Amazing Spider-Man has now taken in more than $700 million worldwide.
Oogiloves Movie Takes In Mediocre $448K From Friday-Sunday, Sets Lowest Location Average Record on September 01, 2012
Sunday Update: The Friday-Sunday estimate for The Oogieloves in the BIG Balloon Adventure is a disappointing $448,131 for a $207 location average. The film's total after five days will be $673,719, so at least it can say it beat Delgo's $597,474 5-day haul in 2008.
The Oogieloves movie now boasts the lowest location average for a wide release. 2011's Creature previously held the record with $217.
Saturday Update: After bringing in less than $100K on Friday, the Oogieloves movie is on pace for only $600K over the four-day weekend.
Friday Update: The Oogieloves movie didn't do much better on Thursday: $123,024 for a $57 location average. The cume after two days is $225,588.
Thursday Update: Compared to Oogieloves, Delgo now looks like Avatar.
The official Wednesday number for The Oogieloves in the BIG Balloon Adventure is an awful $102,564 from 2,160 locations, which means that the family-friendly flick made only $47 per location. We'll go out on a limb and say that this is going to be the biggest bomb of the year. Just call it a hunch.
The poor performance of Oogieloves takes some heat off of Delgo, an animated flick released in December 2008 that managed only $127,750 from 2,160 locations on its opening day. Delgo has been a punchline for nearly four years, but now it can fade into obscurity again.